EnBW Energie (Germany) Market Value
| EBK Stock | 61.40 1.40 2.23% |
| Symbol | EnBW |
EnBW Energie 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to EnBW Energie's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of EnBW Energie.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in EnBW Energie on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding EnBW Energie Baden Wrttemberg or generate 0.0% return on investment in EnBW Energie over 720 days. EnBW Energie is related to or competes with British American, Focus Home, Bet-at-home, American Homes, Autohome ADR, and IMPERIAL TOBACCO. More
EnBW Energie Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure EnBW Energie's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess EnBW Energie Baden Wrttemberg upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.08 |
EnBW Energie Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnBW Energie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnBW Energie's standard deviation. In reality, there are many statistical measures that can use EnBW Energie historical prices to predict the future EnBW Energie's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EnBW Energie's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
EnBW Energie Baden Backtested Returns
EnBW Energie Baden retains Efficiency (Sharpe Ratio) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. EnBW Energie exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EnBW Energie's Market Risk Adjusted Performance of (1.44), standard deviation of 1.32, and Variance of 1.74 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, EnBW Energie's returns are expected to increase less than the market. However, during the bear market, the loss of holding EnBW Energie is expected to be smaller as well. At this point, EnBW Energie Baden has a negative expected return of -0.17%. Please make sure to confirm EnBW Energie's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if EnBW Energie Baden performance from the past will be repeated at some future point.
Auto-correlation | 0.25 |
Poor predictability
EnBW Energie Baden Wrttemberg has poor predictability. Overlapping area represents the amount of predictability between EnBW Energie time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EnBW Energie Baden price movement. The serial correlation of 0.25 indicates that over 25.0% of current EnBW Energie price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 16.27 |
EnBW Energie Baden lagged returns against current returns
Autocorrelation, which is EnBW Energie stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting EnBW Energie's stock expected returns. We can calculate the autocorrelation of EnBW Energie returns to help us make a trade decision. For example, suppose you find that EnBW Energie has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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EnBW Energie regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If EnBW Energie stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnBW Energie stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnBW Energie stock over time.
Current vs Lagged Prices |
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EnBW Energie Lagged Returns
When evaluating EnBW Energie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnBW Energie stock have on its future price. EnBW Energie autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, EnBW Energie autocorrelation shows the relationship between EnBW Energie stock current value and its past values and can show if there is a momentum factor associated with investing in EnBW Energie Baden Wrttemberg.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for EnBW Stock Analysis
When running EnBW Energie's price analysis, check to measure EnBW Energie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EnBW Energie is operating at the current time. Most of EnBW Energie's value examination focuses on studying past and present price action to predict the probability of EnBW Energie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnBW Energie's price. Additionally, you may evaluate how the addition of EnBW Energie to your portfolios can decrease your overall portfolio volatility.